An Analysis of the Political Economy of the Savings and Loan

An analysis of the political economy of the savings and loan crisis helps one to understand

A) why politicians hampered the efforts of thrift regulators, cutting regulatory appropriations and encouraging regulatory forbearance.
B) why thrift regulators were reluctant to admit that any problem even existed in the thrift industry.
C) why thrift regulators willingly acceded to pressures placed upon them by members of Congress.
D) all of the above.
E) only A and B of the above.